Autoliv (ALV) Gets a Buy from Berenberg Bank
TipRanks (Wed, 8-May 1:35 AM ET)
Autoliv: Financial Report January - March 2024
PRNewswire (Fri, 26-Apr 7:16 AM ET)
Autoliv Retires Repurchased Shares, Decreases Number of Issued Shares
PRNewswire (Thu, 28-Mar 6:17 AM ET)
Autoliv publishes its Annual and Sustainability Report for 2023
PRNewswire (Tue, 20-Feb 8:34 AM ET)
Autoliv Declares Quarterly Dividend
PRNewswire (Tue, 20-Feb 5:41 AM ET)
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 10% of 2023 revenue, with Stellantis accounting for 10% and Volkswagen 9%. At 34% of 2023 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 27%, China at 20%, and rest of world at 19%.
Autoliv trades on the NYSE stock market under the symbol ALV.
As of May 8, 2024, ALV stock price declined to $123.60 with 21,878 million shares trading.
ALV has a beta of 0.93, meaning it tends to be less sensitive to market movements. ALV has a correlation of 0.22 to the broad based SPY ETF.
ALV has a market cap of $10.07 billion. This is considered a Large Cap stock.
Last quarter Autoliv reported $3 billion in Revenue and $1.58 earnings per share. This beat revenue expectation by $25 million and exceeded earnings estimates by $.17.
In the last 3 years, ALV stock traded as high as $125.91 and as low as $65.74.
The top ETF exchange traded funds that ALV belongs to (by Net Assets): RAYD, IJH, VXF, MDY, IJK.
ALV has outperformed the market in the last year with a price return of +47.6% while the SPY ETF gained +26.8%. ALV has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +14.6% and +4.8%, respectively, while the SPY returned +4.0% and +2.1%, respectively.
ALV support price is $122.09 and resistance is $125.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALV stock will trade within this expected range on the day.